Equity prices opened higher (a), rallied (b) but couldn't hold momentum, so they fell to just below the open and consolidated (c). Prices fell through support (d), consolidated into the EMA (e) and moved lower still (f) before rebounding at the end of trading (g).
Notice how the arc of prices is stalling (a).
Treasury prices dropped hard after the open (a), but consolidated their losses for the remainder of the day.
Copper is still in an uptrend (A). However, we've seen prices dip to the trend line over the last week or so and the 10 day EMA is starting to move lower (B). Also note that momentum is decreasing (C). This could be a simple correction -- and, as long as prices remain above the EMA, that is the correct interpretation. However, a move below the trend line would signal a change worth noting.
Gold prices are still in an uptrend as well (A). Recently prices have spiked above the trend (B) fallen back and moved a bit higher (C). However, momentum has clearly decreased (D). As with copper, it's important to keep an eye on the price/trend line relationship.
